Full-Time

Business Development Representative

Confirmed live in the last 24 hours

Cohere Health

Cohere Health

501-1,000 employees

Automates prior authorization in healthcare

AI & Machine Learning
Healthcare

Compensation Overview

$75k - $95kAnnually

+ Bonus

Mid

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Lead Generation
Salesforce
Requirements
  • Bachelor’s degree in Business, Marketing, Communications, or a related field.
  • 3-5 years of experience in sales development, business development, or related roles, ideally within the healthcare technology or software industry.
  • Proven track record of achieving or exceeding lead generation and appointment-setting targets.
  • Strong communication and interpersonal skills, with the ability to quickly build rapport and establish relationships with prospects.
  • Excellent organizational and time management skills, with the ability to manage multiple tasks and priorities simultaneously.
  • Highly motivated, self-driven, and goal-oriented, with a passion for sales and a desire to grow within the company.
  • Experience with Salesforce, LinkedIn, ZoomInfo, and Google Suite preferred.
  • Ability to work independently and as part of a collaborative team environment.
  • Knowledge of the healthcare industry is required, and familiarity with prior authorization and utilization management is a plus.
Responsibilities
  • Proactively identify and research potential clients within the healthcare industry, focusing on health insurance companies, and other risk-bearing providers that could benefit from our solutions.
  • Utilize various tools and platforms (e.g., LinkedIn, CRM, cold calling, email campaigns, referrals, etc.) to generate and qualify leads.
  • Develop and maintain a comprehensive understanding of the target market segments, buyer personas, key stakeholders, and decision-makers within prospect organizations.
  • Conduct outbound calls, emails, and social media outreach to introduce Cohere Health’s solutions to potential clients.
  • Articulate the value proposition of our solutions and how they address specific pain points in prior authorization and utilization management.
  • Engage in meaningful conversations with prospects to uncover their needs, challenges, and goals, and determine their fit as a potential customer.
  • Schedule qualified meetings and product demonstrations for the sales team with key decision-makers and stakeholders within target organizations.
  • Work closely with the sales team to ensure a smooth handoff of qualified leads and to align on the approach for each opportunity.
  • Track all activities, leads, and opportunities in the company’s CRM system, ensuring accurate and up-to-date information.
  • Collaborate with the marketing team to provide feedback on lead quality and marketing campaigns, and to optimize lead generation strategies.
  • Participate in regular training sessions and sales meetings to continuously improve product knowledge, sales skills, and industry expertise.
  • Contribute to the development of sales scripts, outreach templates, cadences, and other tools to enhance the effectiveness of the sales development process.
  • Meet and exceed individual performance metrics, including the number of leads generated, meetings set, and conversion rates.
  • Regularly report on key performance indicators (KPIs) and progress towards goals, providing insights and recommendations for improvement.

Cohere Health improves the prior authorization process in healthcare, which requires providers to get approval from health plans before delivering certain services. Their platform, Cohere Unify, automates and streamlines these requests by integrating with electronic medical records and using machine learning to speed up decision-making. This approach sets them apart from competitors by offering a Platform-as-a-Service model that health plans can license for their internal teams. The goal of Cohere Health is to make the prior authorization process more efficient, benefiting patients and reducing costs for healthcare providers and health plans.

Company Stage

N/A

Total Funding

$103.1M

Headquarters

Boston, Massachusetts

Founded

2019

Growth & Insights
Headcount

6 month growth

12%

1 year growth

21%

2 year growth

64%
Simplify Jobs

Simplify's Take

What believers are saying

  • Cohere Health's recent $50 million equity raise indicates strong investor confidence and provides ample resources for further innovation and expansion.
  • The expansion of its partnership with Humana to cover diagnostic imaging and sleep services demonstrates the platform's scalability and effectiveness.
  • Being named a 2024 Built In Best Place to Work highlights a positive company culture, which can attract top talent and drive further growth.

What critics are saying

  • The digital health market is highly competitive, and maintaining a technological edge requires continuous innovation and investment.
  • Dependence on large partnerships, such as with Humana, could pose risks if these relationships were to change or dissolve.

What makes Cohere Health unique

  • Cohere Health's Cohere Unify platform uniquely integrates with EMRs and uses OCR to handle fax submissions, setting it apart from competitors who may not offer such comprehensive automation.
  • The company's focus on responsible AI and machine learning for automating prior authorization decisions ensures compliance with health plan policies, providing a competitive edge in accuracy and reliability.
  • Cohere Health's recognition through awards like the 2021 TripleTree iAwards and the KLAS Points of Light Award underscores its industry leadership and innovative approach.

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